Type
Closure
Country
Germany
Region
Baden-Württemberg; Stuttgart; Böblingen
Location of affected unit(s)
Schönaich
Sector
Manufacturing
Manufacture Of Computer, Electrical Electronic And Optical Products
Manufacture Of Electrical Equipment
27.51 - Manufacture of electric domestic appliances

160 jobs
Number of planned job losses
Job loss
Announcement Date
19 June 2020
Employment effect (start)
19 June 2020
Foreseen end date
31 December 2022

Description

As announced on 19 June 2020, the US-owned firm Honeywell,  will close its plant in Schönaich, near Stuttgart, by 2022 which will result in 160 redundancies. According to a Honeywell spokesperson, production will be relocated to other plants (without mentioning of exact locations), which consequently will result in the closure of the Schönaich plant, which specialises in the production of air conditioning technology. 

In 2009 and 2018 Honeywell cut 150 and 45 jobs. IG Metall expects that only a small proportion of employees has the chance to work at other locations since most employees are 50 years or older and have been in the company for 30 years. 


Sources

Citation

Eurofound (2020), Honeywell, Closure in Germany, factsheet number 101179, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/101179.